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Updated about 8 years ago on . Most recent reply

User Stats

68
Posts
5
Votes
Bobby Holley
  • Entrepreneur
  • Duluth, GA
5
Votes |
68
Posts

HELOC

Bobby Holley
  • Entrepreneur
  • Duluth, GA
Posted

I was recently approved for a $50,000 HELOC at an extraordinarily high 8% for 480 months. I'm paying off a current $27,000 HELOC at 4.75%. Is it possible that I can agree to this new HELOC and turn around and get it refinanced? If so, how long might it take and what rate do you think I could get?

Most Popular Reply

User Stats

28
Posts
8
Votes
Scarola Markson
  • Property Manager
  • Brielle, NJ
8
Votes |
28
Posts
Scarola Markson
  • Property Manager
  • Brielle, NJ
Replied

HELOC is the greatest tool for financing your real estate deals, I was referred to Mr Salman in 2016 and with my existing HELOC of $320,000, I was funded $517,000 for Rehab in Brielle at 3.99% without cashing out from my HELOC.
feel free to contact him for your financial needs.
Mr salman is a HELOC professional and will help solve all your HELOC puzzle/problems
 

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